How would the following events be shown using a production possibilities curve for shelter and food? (draw the production possibilities curve for each)  The economy is experiencing a 10% unemployment rate. Economic growth is increasing by more than 5 percent per year. Society decides it wants less shelter and more food.

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Chapter1: What Is Economics
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How would the following events be shown using a production possibilities curve for shelter and food? (draw the production possibilities curve for each) 

  1. The economy is experiencing a 10% unemployment rate.
  2. Economic growth is increasing by more than 5 percent per year.
  3. Society decides it wants less shelter and more food.
  4. Society decides it wants less food and more shelter.
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